Paypal causes closure of another PTC

@msg2bz (163)
Pakistan
November 15, 2010 12:50pm CST
Now the users have started saying that using Paypal was their biggest mistake. The extra and over and undependable measures of Paypal have caused closure of another PTC, i.e. www.cashium.net. one can visit the site to know their feedback about paypal. This is not the first site, a lot many sites have met the same fate due to the paypal.
1 person likes this
3 responses
• United States
15 Nov 10
It's most likely a scam site to begin with then. I haven't heard of any others (especially legit ones) having any kind of trouble with paypal. I haven't had any trouble myself. Maybe a couple of issues but they were immediately resolved.I'd say it is more likely to be trouble with cashium's handling of things.
1 person likes this
• United States
16 Nov 10
I know paypal can be pretty strict, but it's to keep it all legal and safe so I don't mind. If they are not secure I can't use them for my business transactions! So far i haven't run into too much trouble with them.
@msg2bz (163)
• Pakistan
16 Nov 10
I hope best for you in the future as well
• United States
15 Nov 10
Cashium was a legitimate site, but PayPal froze the account for some reason. I'll keep you guys updated if I find out anything, fortunately, I never invested in the site. It doesn't really bother me, since I just started on the site and the only thing I lost was a little bit of my time, no big deal.
1 person likes this
@webzap (884)
• Philippines
16 Nov 10
Good for you. But at first they said they are moving server, that was yesterday and one time last week. And now, all of a sudden, they are blaming Paypal. Who do we think is the more legit, Cashium or PayPal? Or they are just using PayPal to scape the of its members.
1 person likes this
@webzap (884)
• Philippines
16 Nov 10
oh sorry, mistyped the word 'escape' without an 'e'.
1 person likes this
@msg2bz (163)
• Pakistan
16 Nov 10
Time is money my friends. Cashium was doing good business and had no need to escape in the first place. Besides, if any site admin plans to scam its members and run, it does not need an escape goat. There are so many sites that disappeared suddenly without blaming anybody. Cashium has mentioned the details on its index page. You may also confirm from paypal that if they had had frozen cashium account Mr. webzap. Paypal is not a scam but it has caused trouble for so many sites and its individual members. My very own 'verified' paypal account was frozen and I am waiting 180 days to complete so that I may know whether they would refund my money and how?
@hushi22 (4928)
16 Nov 10
woah....that is scary. huhuhu....so how would they pay the members now?
1 person likes this
@msg2bz (163)
• Pakistan
16 Nov 10
scary it is. Cashium is looking for new admin.